WavePark Mentawai Investment
WavePark Mentawai (WPM) is the original
full-service land based surfing resort in the Mentawai Islands, Indonesia.
Hosting guests since 1998, WavePark has built up a solid base of return
and referred clients, as well as a wealth of local knowledge and relationships
with our landowners. WavePark Mentawai boasts a 66 acre island for the
exclusive use of our 16 guests at maximum occupancy.
WPM, operating under the legal umbrella of PT. Harta Karun (a foreign
investment company), has spent years processing licenses, paying fees
and jumping through hoops in order to be one of the first companies
in the Mentawai islands to be officially opened by the Governor of West
Sumatra, and fully licensed for the next 15 years to operate as a resort
and tourism company by the Bupati (head of government) of Mentawai,
one of only 3 companies in the world with this status.
To date, WPM has had limited capital resources, and has had to develop
creatively with a “think outside the box”’ attitude.
Now, with everything in place to expand, the decision has been made
to source additional capital in order to bring the WPM experience up
to an upper-market resort level.
WPM is making an initial limited offer of 8 time-share investment blocks,
with negotiable and flexible time agreements, starting at USD $40,000.
Each time share block may be shared by up to two people, bringing the
minimum starting investment to USD$20,000. UPDATE DECEMBER 2007;
ONLY 4 OF THE 8 REMAIN).
The money raised will be used in part to:
• Solve the Mentawai public transport riddle by purchasing a fast,
safe and comfortable sea going vessel to carry our guests and supplies
back and forth between the mainland and island in 6 hours or less at
weekly intervals. This will allow us to remove our dependency from an
archaic public transport system, and increase our competitiveness by
having weekly dates booked more easily by agents.
• Construct 6 new 2-person
bungalows on the bayside
between the existing accommodation and hideaways (the closest wave accessible
by foot). Click here to see current
construction.
• Integrate new facilities with a beefed-up infrastructure.
• Build a pier for loading and unloading of guests and supplies.
• Improve Padang transfers by purchasing vehicles capable of transporting
our guests and their belongings between the airport and the harbor safely
and in style.
• Allow us some resources for marketing to solidify public perception
of our brand and service offerings.
Download the full time-share contract